Earnings Per Share

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Earnings per share was calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per-share amounts)	2014		2013		2014		2013
BASIC
Net income	$	8,488	$	5,841	$	12,761	$	8,787
Weighted-average common shares outstanding	15,784		15,098		15,785		15,032
Basic earnings per share	$	0.54	$	0.39	$	0.81	$	0.58
DILUTED
Net income	$	8,488	$	5,841	$	12,761	$	8,787
Weighted-average common shares outstanding for basic	15,784		15,098		15,785		15,032
Dilutive effect of stock options and restricted stock	357		321		366		290
Weighted-average common shares outstanding on a diluted basis	16,141		15,419		16,151		15,322
Diluted earnings per share	$	0.53	$	0.38	$	0.79	$	0.57

The number of stock options and shares of restricted stock excluded from the computation of diluted earnings per common share were as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
(In thousands)	2014	2013	2014	2013
Stock options	133	641	103	729
Restricted stock awards	—	—	14	30